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Indonesian (IDX) Steel Industry Analysis

UpdatedNov 24, 2025
DataAggregated Company Financials
Companies8
  • 7D-1.0%
  • 3M27.7%
  • 1Y15.1%
  • YTDn/a

Over the last 7 days, the Steel industry has dropped 1.0%, driven by a pullback from Steel Pipe Industry of Indonesia of 2.3%. In the past year, the industry has gained 15%. Looking forward, earnings are forecast to grow by 18% annually.

Industry Valuation and Performance

Has the Indonesian Steel Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 26 Nov 2025Rp69.3tRp47.6tRp6.0t10.3x11.5x1.5x
Fri, 24 Oct 2025Rp69.1tRp47.6tRp2.5t17x27.2x1.5x
Sun, 21 Sep 2025Rp54.3tRp48.9tRp3.5t11.2x15.6x1.1x
Tue, 19 Aug 2025Rp53.9tRp47.9tRp3.4t12.2x15.8x1.1x
Thu, 17 Jul 2025Rp50.8tRp44.3tRp4.1t10.6x12.5x1.1x
Sat, 14 Jun 2025Rp49.8tRp44.3tRp4.1t10.6x12.2x1.1x
Mon, 12 May 2025Rp43.1tRp43.0tRp2.8t10.3x15.6x1x
Wed, 09 Apr 2025Rp40.2tRp52.0tRp4.0t6.9x10x0.8x
Fri, 07 Mar 2025Rp43.0tRp50.7tRp3.9t7x11.1x0.8x
Sun, 02 Feb 2025Rp49.7tRp55.9tRp5.9t4.8x8.4x0.9x
Tue, 31 Dec 2024Rp58.4tRp55.5tRp5.9t5.8x9.9x1.1x
Thu, 28 Nov 2024Rp61.2tRp54.9tRp5.8t6.2x10.5x1.1x
Sat, 26 Oct 2024Rp73.7tRp56.2tRp7.0t6.7x10.5x1.3x
Mon, 23 Sep 2024Rp70.7tRp54.8tRp6.8t6.9x10.4x1.3x
Wed, 21 Aug 2024Rp66.7tRp54.1tRp6.1t7.2x10.9x1.2x
Fri, 19 Jul 2024Rp67.7tRp57.4tRp6.7t7.2x10.1x1.2x
Sun, 16 Jun 2024Rp64.2tRp65.6tRp7.0t6.9x9.2x1x
Tue, 14 May 2024Rp65.9tRp67.9tRp7.0t7.1x9.4x1x
Thu, 11 Apr 2024Rp67.0tRp67.6tRp6.4t7.8x10.5x1x
Sat, 09 Mar 2024Rp71.8tRp66.6tRp6.1t8.6x11.7x1.1x
Mon, 05 Feb 2024Rp69.9tRp65.9tRp3.8t10.8x18.3x1.1x
Wed, 03 Jan 2024Rp70.6tRp65.2tRp3.8t11.4x18.6x1.1x
Fri, 01 Dec 2023Rp67.4tRp70.9tRp4.6t9.6x14.7x1x
Sun, 29 Oct 2023Rp58.5tRp71.8tRp4.5t8.6x12.9x0.8x
Tue, 26 Sep 2023Rp75.6tRp69.8tRp4.4t10.6x17.2x1.1x
Thu, 24 Aug 2023Rp63.9tRp69.4tRp4.4t9.9x14.6x0.9x
Sat, 22 Jul 2023Rp55.2tRp75.7tRp6.0t8x9.2x0.7x
Mon, 19 Jun 2023Rp47.0tRp77.4tRp7.5t6.6x6.2x0.6x
Wed, 17 May 2023Rp51.2tRp76.9tRp7.5t6.9x6.9x0.7x
Fri, 14 Apr 2023Rp62.2tRp76.5tRp7.6t6.3x8.2x0.8x
Sun, 12 Mar 2023Rp64.0tRp79.6tRp9.0t6.4x7.1x0.8x
Tue, 07 Feb 2023Rp79.5tRp78.4tRp8.8t7.8x9x1x
Thu, 05 Jan 2023Rp84.8tRp80.1tRp9.1t8.8x9.4x1.1x
Sat, 03 Dec 2022Rp89.2tRp79.3tRp9.0t11.6x10x1.1x
Price to Earnings Ratio

10x


Total Market Cap: Rp89.2tTotal Earnings: Rp9.0tTotal Revenue: Rp79.3tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Steel Industry Price to Earnings3Y Average 11.8x202320242025
Current Industry PE
  • Investors are relatively neutral on the Indonesian Steel industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 11.8x.
  • The 3-year average PS ratio of 1.0x is lower than the industry's current PS ratio of 1.5x.
Past Earnings Growth
  • The earnings for companies in the Steel industry have declined 13% per year over the last three years,
  • Revenues have also declined 16% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Comparison

How does Indonesian Steel compare with similar industries?

ID Market1.81%
Materials2.14%
Metals and Mining4.86%
Steel-1.01%
Copper12.70%
Diversified Metals and Mining2.12%
Gold-4.17%
Aluminum-5.34%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
ADMR Alamtri Minerals IndonesiaRp1.31k1.2%
+Rp613.2b		3.1%PE10.5x
GGRP Gunung Raja PaksiRp252.0014.5%
+Rp387.6b		18.9%PS0.8x
KRAS Krakatau Steel (Persero)Rp402.003.6%
+Rp270.8b		232.2%PE8.9x
BAJA Saranacentral BajatamaRp179.005.3%
+Rp16.2b		79.0%PS0.4x
GDST Gunawan Dianjaya SteelRp118.000.9%
+Rp9.2b		22.9%PE10.7x

Latest News

KRAS
Rp402.00
Krakatau Steel (Persero)
7D
3.6%
1Y
232.2%
BAJA
Rp179.00
Saranacentral Bajatama
7D
5.3%
1Y
79.0%
GGRP
Rp252.00
Gunung Raja Paksi
7D
14.5%
1Y
18.9%
GDST
Rp118.00
Gunawan Dianjaya Steel
7D
0.9%
1Y
22.9%
ADMR
Rp1,310.00
Alamtri Minerals Indonesia
7D
1.2%
1Y
3.1%
ISSP
Rp428.00
Steel Pipe Industry of Indonesia
7D
-2.3%
1Y
50.7%
NIKL
Rp364.00
Pelat Timah Nusantara
7D
0.6%
1Y
37.9%
LABA
Rp200.00
Green Power Group
7D
-11.5%
1Y
-41.5%